OBAMA PRESIDENCY AS DEVISTATING TO AMERICA AS PERAL HARBOR

After two years of Obama…  Here’s your change:
 January 2009TODAY% chgSource
Avg.. Retail price/gallon gas in U.S.$1.83$3.10469.6%1
Crude oil, European Brent (barrel)$43.48$99.02127.7%2
Crude oil, West TX Inter. (barrel)$38.74$91.38135.9%2
Gold: London (per troy oz.)$853.25$1,369.5060.5%2
Corn, No.2 yellow, Central IL$3.56$6.3378.1%2
Soybeans, No. 1 yellow, IL$9.66$13.7542.3%2
Sugar, cane, raw, world, lb. Fob$13.37$35.39164.7%2
Unemployment rate, non-farm, overall7.6%9.4%23.7%3
Unemployment rate, blacks12.6%15.8%25.4%3
Number of unemployed11,616,00014,485,00024.7%3
Number of fed. Employees, ex. Military (curr = 12/10 prelim)2,779,0002,840,0002.2%3
Real median household income (2008 v 2009)$50,112$49,777-0.7%4
Number of food stamp recipients (curr = 10/10)31,983,71643,200,87835.1%5
Number of unemployment benefit recipients (curr = 12/10)7,526,5989,193,83822.2%6
Number of long-term unemployed2,600,0006,400,000146.2%3
Poverty rate, individuals (2008 v 2009)13.2%14.3%8.3%4
People in poverty in U..S. (2008 v 2009)39,800,00043,600,0009.5%4
U.S.. Rank in Economic Freedom World Rankings59n/a10
Present Situation Index (curr = 12/10)29.923.5-21.4%11
Failed banks (curr = 2010 + 2011 to date)14016417.1%12
U.S.. Dollar versus Japanese yen exchange rate89.7682.03-8.6%2
U.S.. Money supply, M1, in billions (curr = 12/10 prelim)1,575.11,865.718.4%13
U.S.. Money supply, M2, in billions (curr = 12/10 prelim)8,310.98,852.36.5%13
National debt, in trillions$10.627$14.05232.2%14

 
In fact – gas and oil are way higher than in this report !!
Just take this last item:  In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history..  Over 27 times as fast.  Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane. 27 times faster, it would be doing  7,555 MPH!Sources:(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor’s/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury.

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One Response to “OBAMA PRESIDENCY AS DEVISTATING TO AMERICA AS PERAL HARBOR”

  1. countryboy Says:

    I agree as our economy has not been in such peril since Peral Harbor and it may be in worse condition now. If it were not for government jobs he would not have created any jobs. Problem with that is government jobs drag down the economy even more we would be much better off without them.If he wanted to to anything productive in his dismal term as President he should cut government jobs by twenty percent this is called cutting the fat or waste! We need to drill in Alaska and increase production in all other resources.

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